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Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce the start of the next phase of exploration at Pilar. Work will include detailed mapping and sampling of key targets across the Pilar Gold-Silver Project. The aim of the program will be to advance key targets to drill ready status for a Phase II drill program planned in the next couple of months.
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that the registered holders of the entire US$120 million aggregate principal amount of Convertible Debentures (or, the “Indentures”) have provided notice to NexGen and the indenture trustee that they have elected to convert into common shares of NexGen (“Common Shares”) pursuant to the terms of the trust indentures governing the Indentures. The registered holders of the Indentures are affiliates of CEF Holdings Limited and its shareholders (“CEF”). The Indentures consist of US$60 million aggregate principal amount of 7.5% unsecured convertible debentures issued by the Company in 2016 (the “2016 Debentures”) and the US$60 million aggregate principal amount of 7.5% unsecured convertible debentures issued by the Company in 2017 (the “2017 Debentures”) both due to mature on July 22, 2022.
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report results from the current drilling program in the San Juan Area, as well as new sampling results from historic drilling, also at San Juan, within the 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico.
CBLT Inc. (TSXV: CBLT) (“CBLT”) has set its exploration goals and budget for the foreseeable future. To fund that budget CBLT announces its intention to effect a non-brokered flowthrough financing in an amount no less than $100,000 (one hundred thousand dollars, resulting in the issuance of one million Flowthrough Units) up to $400,000 (four hundred thousand dollars, resulting in the issuance of four million Flowthrough Units). Each Flowthrough Unit will be priced at $0.10 (ten cents) per Flowthrough Unit and will comprise of one flowthrough share and one full 15-cent warrant with a 24-month term, with each 15-cent warrant being exercisable into a flowthrough common share.
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce that it is adding an additional drill rig to accelerate its diamond drilling program at its Iska Iska Silver-Polymetallic Project in Potosi Department, southern Bolivia. To date, Eloro has completed 22 holes totalling 6,721m metres from both underground (12) and surface drill holes (10). Results from the first five underground holes were reported on November 18, 2020 and an additional 10 holes were reported on January 26, 2021. Results are pending for an additional 7 holes (Table 1). Figure 1 is a plan map showing locations of the drill holes completed and in progress; Figures 2 and 3 are updated North-South and West-East geological cross sections, respectively.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it expects to produce between 200,000 and 220,000 ounces of gold in 2021 from its high-grade Segovia Operations in Antioquia, Colombia. In 2020, the Segovia Operations produced 196,362 ounces of gold.
Excellent ProActive video with Tocvan Ventures VP Exploration Brodie Sutherland who discusses the most recent results from their maiden drill program at the Pilar Project in Mexico
Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company“) is pleased to announce that it has closed its previously announced bought deal financing of 8,625,000 units (the “Units“) at a price of C$4.00 per Unit (the “Offering Price“) for aggregate gross proceeds to Millennial of C$34,500,000 (the “Offering“). The Offering was conducted by a syndicate of underwriters co-led by Cantor Fitzgerald Canada Corporation and Sprott Capital Partners LP as joint bookrunners, and including Mackie Research Capital Corporation (collectively, the “Underwriters“). The Offering included 1,125,000 Units sold pursuant to the full exercise of the Underwriters’ over-allotment option.
Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce results form its maiden drill program (the “Program”) at the Pilar Gold-Silver Project in Sonora, Mexico. A Phase One drill program was completed in December of 2020 totalling 1,505 meters of reverse circulation (RC) drilling in nine (9) drill holes. Results for all nine drill holes are included in this release, all drill targets were step-outs of historic drill holes within the Main Zone.
CBLT Inc. (TSXV: CBLT) (“CBLT”) announces it has signed a definitive agreement (the “Agreement”) with Softrock Minerals Ltd. (the “Vendor”) for the purchase of 100% of the Shatford Lake property in mining-friendly Manitoba. Management believes Shatford Lake to be highly prospective for lithium.